Fixed Income: Global - Broad Market, Broad-based
With 26 ETFs and over $19.94B in combined AUM, the Fixed Income: Global - Broad Market, Broad-based segment provides exposure to the Global space with a focus on Broad Credit securities.
Year-to-date, the best-performing ETF in the segment is the Sound Enhanced Fixed Income ETF (SDEF), with a total return of 7.39%. Meanwhile, the most popular ETF is the First Trust TCW Opportunistic Fixed Income ETF (FIXD) with $5.34BB in assets under management.
Investors should take a look at the (). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. has an expense ratio of -- and tracks the .
ETF.com Efficiency Insight
The average efficiency score in the Fixed Income: Global - Broad Market, Broad-based segment is 75 out of 100, with the Fidelity Total Bond ETF(FBND) obtaining the highest rating of 85 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.67% per year, with the VanEck Green Bond ETF (GRNB) having the lowest expense ratio, charging investors 0.20% yearly.
Investors should look for funds with tight tracking, such as the Columbia Diversified Fixed Income Allocation ETF (DIAL), with a 12-month median tracking difference of -0.29%.
ETF.com Tradability Insight
The average tradability score in the Fixed Income: Global - Broad Market, Broad-based segment is 70 out of 100, with the First Trust TCW Opportunistic Fixed Income ETF(FIXD) obtaining the highest rating of 99 out of 100.
The First Trust TCW Opportunistic Fixed Income ETF (FIXD) is the undisputed segment leader when it comes to liquidity. The fund trades 21.61M in daily average volume. Investors should also find ample liquidity in the PIMCO Active Bond ETF (BOND), with $15.60M in daily dollar volume.
Use limit orders to trade funds such as the AdvisorShares FolioBeyond Smart Core Bond ETF(FWDB), due to their double-digit market spreads.
ETF.com Fit Insight
The Bloomberg Barclays Multiverse has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.